According to Wired, "The Senate is likely to vote within days on a measure that would undo net-neutrality rules adopted by the Federal Communications Commission in 2010, even though they've yet to go into effect... The House passed a similar measure, but Obama has threatened to veto it. It was not immediately clear whether the Senate has the necessary votes for passage."
If you care about net neutrality, now is a good time to head on over to Save The Internet and get involved in this issue.

I hear you. Our legislators often botch things even worse when they pass laws to "fix" something. In this case, though, the legislators who are in the pocket of business interests want the Congress not to act and protect net neutrality. In other words, the lack of action in this case guarantees the worst-case outcome. So a simple law to protect net neutrality is needed.